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Eight-Unit Apartment Building with Covered Parking
New
For Lease
$995/Mo

501 Avenue J # 203, Marble Falls, TX 78654

MULTI_FAMILY - Marble Falls, TX

Space SizeContact for details
Lot Size0.38 Acres
Days on Market2

Property Features for 501 Avenue J # 203

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1
Appliances Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Water Heater
Elementary school district Marble Falls
Middle school district Marble Falls
High school district Marble Falls
Directions Hwy 281 to 5th Street, west on 5th Street. Apartments are at the corner of 5th street and Avenue J
Standard status Active
APN 028567
Size 770 SF
Lot size 0.38 Acres

Taxes and HOA fees

Tax Description Marble FallsCity Lot 17, 18, 19, 20, Block 32
Legal Description Marble FallsCity Lot 17, 18, 19, 20, Block 32

Utilities

Heating system Central
Cooling system Central Air

Amenities

bonus room
walk-in closet
electric range
dishwasher
washer & dryer
assigned covered parking

Building Details

Year built 2003
Number of units 1
Flooring type Laminate, Concrete
Building materials Wood Siding, HardiPlank Type
Listing Agency: TJM Realty Group
Listed By: Aide Ochoa · License #0745766
Added: Aug 10 Changed: Aug 11 Last Checked: Aug 11 at 2:06AM
MLS# 179037

Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2003, this private apartment property contains 8 residences, each arranged with 1 bedroom and 1 bathroom. Individual layouts include a bonus room suited to office or media use, a walk-in bedroom closet, and a kitchen equipped with an electric range, dishwasher, refrigerator, disposal, and cabinetry. Every residence also includes a washer and dryer. Assigned covered parking serves the units, while central heating and central air provide building-wide climate control. Construction includes wood siding and HardiPlank, with concrete and laminate flooring.

The property occupies 0.38 acres at 501 Avenue J in Marble Falls. Downtown restaurants, clubs, and shops are within walking distance, as is Johnson Park and Lake Marble Falls. The property’s pet policy permits one cat for consideration with a pet deposit and does not allow dogs.

Key Highlights

  • 8‑unit apartment property on 0.38 acres
  • Each residence includes 1 bedroom and 1 bathroom
  • Bonus room, walk‑in bedroom closet, and in‑unit washer and dryer

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 78654, TX

19,698
Population
9,764
Households
2
Avg Household Size
45
Median Age
33%
College-Educated
89%
High-School Grad
201.3 sq mi
ZIP Area
98
Density / Sq Mi
$72,669
Median Household Income
$37,391
Median Earnings
$1,404
Median Rent
$315,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight private residences offer one-bedroom layouts with flexible bonus rooms and in-unit laundry.
Where is this apartment building located?
The property is located at 501 Avenue J # 203 Marble Falls, TX.
What is the lease rate?
The lease rate is $995/Mo.
What are key features of this property?
This property features: 8‑unit apartment property on 0.38 acres; Each residence includes 1 bedroom and 1 bathroom; Bonus room, walk‑in bedroom closet, and in‑unit washer and dryer
More about this property
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